Checked the Shotcut video tutorials but not listed, then tried FAQ and found “How do I cut or trim a clip without encoding or transcoding it?” https://shotcut.org/FAQ/
This is not supported, and there are currently no plans to support it. We recommend that you use VirtualDub or Avidemux for that.

Question: Is it better to use VirtualDub or Avidemux for this?

If yes, which one is better to make trailers (~1 min)? Also want to start out simple, just one clip.

If you want to make a trailer, which means a short promotional clip that is made up of a montage of scenes from a movie, then you can certainly do that in Shotcut.

If you just want to pull a specific short clip in Shotcut from a larger clip without re-encoding then what you need to do is throw your video in the timeline, split the video up to the part that you want, select that clip, go to the Properties tab and pick Extract Sub-clip:

I am sorry for the confusion, should have said what you did: “If you just want to pull a specific short clip in Shotcut from a larger clip without re-encoding then what you need to do is throw your video in the timeline, split the video up to the part that you want, select that clip, go to the Properties tab and pick Extract Sub-clip:”

Did a YouTube search using keywords “pull a specific short clip in Shotcut from a larger clip” (No “…”) and found “Shotcut Protip: Extract Clip Quickly (No Timeline Needed)” by Tux Designer Jun 12, 2018.

Since want to start out simple (No titles, comments, music…), this is just what I need! Missed this tutorial in my original search, shows what a difference the correct keywords make in your search results!!!

Still have a question: Would like to make the “short clip” end at the end of the first scene. When I move the end edit bar will it somehow indicate this point?

Did a YouTube search using keywords “pull a specific short clip in Shotcut from a larger clip” (No “…”) and found “Shotcut Protip: Extract Clip Quickly (No Timeline Needed)” by Tux Designer Jun 12, 2018.

That’s not the same thing I suggested. Doing it that way is going to transcode the video and you asked how to pull the clip without transcoding it. The “Extract Sub-clip” method is how it’s done without transcoding.

You are trying to help a Real Shotcut Beginner (especially concerning transcoding). I checked the wiki https://en.wikipedia.org/wiki/Transcoding and it mentions “Transcoding is commonly a lossy process, introducing generation loss; however, transcoding can be lossless if the output is either losslessly compressed or uncompressed.” This is the reason I wanted to avoid it.